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Economy Of Maharashtra
The economy of the state of Maharashtra is the largest in India. It is one of the most urbanised of Indian States. Mumbai, the capital of Maharashtra is considered the financial capital of India with the headquarters of almost all major banks, financial institutions, insurance companies and mutual funds being based in the city. India's largest stock exchange Bombay Stock Exchange, the oldest in Asia, is also located in the city. More than 41% of the ''S&P CNX 500'' conglomerates have corporate offices in Maharashtra. Maharashtra is India's second most industrialised state contributing 20% of national industrial output. Almost 46% of the GSDP is contributed by industry. Maharashtra has software parks in many cities around the state, and is the second largest exporter of software with annual exports over 80,000 crores. Although highly industrialized, agriculture continues to be the main occupation in many regions of the state. 24.14% of the working age population is employed i ...
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Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ...
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Mutual Fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital') and open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. Primary structures of mutual funds are open-end funds, closed-end funds, unit investment trusts. Open-end funds are purchased from or sold to the issuer at the net asset value of each share as of the close ...
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Kolhapur
Kolhapur () is a city on the banks of the Panchganga River in the southern part of the Indian state of Maharashtra. It is the administrative headquarter of the Kolhapur district. In, around 2 C.E. Kolapur's name was 'Kuntal'. Kolhapur is known as ''`Dakshin Kashi''' or Kashi of the South because of its spiritual history and the antiquity of its shrine Mahalaxmi, better known as Ambabai. The region is known for the production of the famous hand-crafted and braided leather slippers called Kolhapuri chappal, which received the Geographical Indication designation in 2019. In Hindu mythology, the city is referred to as "''Karvir''." Before India became independent in 1947, Kolhapur was a princely state under the Bhosale Chhatrapati of the Maratha Empire. It is an important center for the Marathi film industry. Etymology Kolhapur is named after Kolhasur, a demon in Hindu History. According to History, the demon Kolhasur renounced asceticism after his sons were killed by God f ...
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Satara (city)
Satara () (ISO: Sātārā) is a city located in the Satara District of Maharashtra state of India, near the confluence of the river Krishna and its tributary, the Venna. The city was established in the 16th century and was the seat of the Chhatrapati of Maratha Empire, Shahu I. It is the headquarters of Satara Tehsil, as well as the Satara District. The city gets its name from the seven forts (Sat-Tara) which are around the city. The city is known as a Soldier's city as well as Pensioner's city. History The first Muslim invasion of the Deccan took place in 1296. In 1636, the Nizam Shahi dynasty came to an end. In 1663, Chattrapati Shivaji conquered Parali and Satara fort. After the death of Shivaji, Shahu Shivaji, heir apparent to the Maratha Empire, captured by Mughals when he was only seven years old, remained their prisoner till the death of his father in 1700. The Dowager Maharani Tarabai proclaimed his younger half-brother, and her son, Shahu Sambhaji as Chhatrapati Mahara ...
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Nagpur
Nagpur (pronunciation: Help:IPA/Marathi, [naːɡpuːɾ]) is the third largest city and the winter capital of the Indian state of Maharashtra. It is the 13th largest city in India by population and according to an Oxford's Economics report, Nagpur is projected to be the fifth fastest growing city in the world from 2019 to 2035 with an average growth of 8.41%. It has been proposed as one of the Smart Cities Mission, Smart Cities in Maharashtra and is one of the top ten cities in India in Smart Cities Mission, Smart City Project execution. In the latest rankings of 100 developing smart cities given by the Union Ministry of Urban Development (Maharashtra), Ministry of Urban Development, Nagpur stood first in Maharashtra state and second in India. Known as the "Orange City", Nagpur has officially become the greenest, safest and most technologically developed city in the Maharashtra state. Nagpur is the seat of the annual Winter Session of Maharashtra State Assembly, winter session ...
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Suzerainty
Suzerainty () is the rights and obligations of a person, state or other polity who controls the foreign policy and relations of a tributary state, while allowing the tributary state to have internal autonomy. While the subordinate party is called a vassal, vassal state or tributary state, the dominant party is called a suzerain. While the rights and obligations of a vassal are called vassalage, the rights and obligations of a suzerain are called suzerainty. Suzerainty differs from sovereignty in that the dominant power allows tributary states to be technically independent, but enjoy only limited self-rule. Although the situation has existed in a number of historical empires, it is considered difficult to reconcile with 20th- or 21st-century concepts of international law, in which sovereignty is a binary concept, which either exists or does not. While a sovereign state can agree by treaty to become a protectorate of a stronger power, modern international law does not recognise a ...
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Princely State
A princely state (also called native state or Indian state) was a nominally sovereign entity of the British Raj, British Indian Empire that was not directly governed by the British, but rather by an Indian ruler under a form of indirect rule, subject to a subsidiary alliance and the suzerainty or paramountcy of the the Crown, British crown. There were officially 565 princely states when India and Pakistan became independent in 1947, but the great majority had contracted with the viceroy to provide public services and tax collection. Only 21 had actual state governments, and only four were large (Hyderabad State, Mysore State, Kashmir and Jammu (princely state), Jammu and Kashmir State, and Baroda State). They Instrument of accession, acceded to one of the two new independent nations between 1947 and 1949. All the princes were eventually pensioned off. At the time of the British withdrawal, 565 princely states were officially recognised in the Indian subcontinent, apart from t ...
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Maratha
The Marathi people (Marathi: मराठी लोक) or Marathis are an Indo-Aryan ethnolinguistic group who are indigenous to Maharashtra in western India. They natively speak Marathi, an Indo-Aryan language. Maharashtra was formed as a Marathi-speaking state of India in 1960, as part of a nationwide linguistic reorganization of the Indian states. The term "Maratha" is generally used by historians to refer to all Marathi-speaking peoples, irrespective of their caste; however, now it may refer to a Maharashtrian caste known as the Maratha. The Marathi community came into political prominence in the 17th century, when the Maratha Empire was established under Chhatrapati Shivaji; the Marathas are credited to a large extent for ending Mughal rule over India. History Ancient to medieval period During the ancient period, around 230 BC, Maharashtra came under the rule of the Satavahana dynasty, which ruled the region for 400 years.India Today: An Encyclopedia of Life in the R ...
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Bombay Presidency
The Bombay Presidency or Bombay Province, also called Bombay and Sind (1843–1936), was an administrative subdivision (province) of British India, with its capital in the city that came up over the seven islands of Bombay. The first mainland territory was acquired in the Konkan region with the Treaty of Bassein (1802). Mahabaleswar was the summer capital. The Bombay province has its beginnings in the city of Bombay that was leased in fee tail to the East India Company, via the Royal Charter of 27 March 1668 by King Charles II of England, who had in turn acquired Bombay on 11 May 1661, through the royal dowry of Catherine Braganza by way of his marriage treaty with the Portuguese princess, daughter of John IV of Portugal. The English East India Company transferred its Western India headquarters from Surat in the Gulf of Cambay after it was sacked, to the relatively safe Bombay Harbour in 1687. The province was brought under Direct rule along with other parts of British I ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Third Anglo-Maratha War
The Third Anglo-Maratha War (1817–1819) was the final and decisive conflict between the English East India Company and the Maratha Empire in India. The war left the Company in control of most of India. It began with an invasion of Maratha territory by British East India Company troops, and although the British were outnumbered, the Maratha army was decimated. The troops were led by Governor General Hastings, supported by a force under General Thomas Hislop. Operations began against the Pindaris, a band of Muslim mercenaries and Marathas from central India. Peshwa Baji Rao II's forces, supported by those of Mudhoji II Bhonsle of Nagpur and Malharrao Holkar III of Indore, rose against the East India Company. Pressure and diplomacy convinced the fourth major Maratha leader, Daulatrao Shinde of Gwalior, to remain neutral even though he lost control of Rajasthan. British victories were swift, resulting in the breakup of the Maratha Empire and the loss of Maratha independence. ...
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Bajirao II
Shrimant Peshwa Baji Rao II (10 January 1775 – 28 January 1851) was the 13th and the last Peshwa of the Maratha Empire. He governed from 1795 to 1818. He was installed as a puppet ruler by the Maratha nobles, whose growing power prompted him to flee his capital Poona and sign the Treaty of Bassein (1802) with the British. This resulted in the Second Anglo-Maratha War (1803–1805), in which the British emerged victorious and re-installed him as the titular Peshwa. In 1817, Baji Rao II joined the Third Anglo-Maratha War against the British, after they favoured the Gaekwad nobles in a revenue-sharing dispute. After suffering several battle defeats, the Peshwa surrendered to the British, and agreed to retire in return for an estate at Bithoor and an annual pension. Personal life Baji Rao was the son of the former ''Peshwa'' Raghunathrao and his wife Anandibai. Raghunathrao had defected to the English, causing the First Anglo-Maratha War, which ended with the Treaty of Salbai ...
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